Platinum group metals (PGM)

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Magna Mining Announces Appointment of Greg Huffman to Senior Vice President, Capital Markets
Newsfileยท 2025-09-17 11:00
Group 1 - Magna Mining Inc. announced the appointment of Greg Huffman as Senior Vice President, Capital Markets, effective September 17, 2025 [1] - CEO Jason Jessup expressed confidence in Huffman's ability to enhance the company's visibility and support its growth, highlighting his previous role as a Strategic Advisor [2] - Huffman has a strong background in capital markets, having served as CEO of Nuclear Fuels Inc. and held significant positions in mining equity sales and research [2] Group 2 - The company granted 800,000 options to purchase common shares at a strike price of $2.69, with vesting contingent on time and share price performance conditions [3] - The options will vest after 36 months if the company's share price reaches at least $5.00 for 20 consecutive trading days, aligning with sustainable shareholder returns [3] - The grants are part of the Omnibus equity incentive plan, which allows for various forms of security-based compensation, capped at 10% of the total issued shares [3][4] Group 3 - Magna Mining is a producing mining company with a portfolio of copper, nickel, and platinum group metals assets in the Sudbury mining district of Ontario, Canada [8] - The primary asset is the McCreedy West Mine, supported by other past-producing properties, indicating a strong production and exploration potential [8] - The company aims to unlock long-term shareholder value through continued production and development opportunities across its asset base [9]